Andrea's Feed
Oct 6, 2014

Boeing to build some 777X parts in St. Louis: sources

PARIS/WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) plans to start building some parts of its 777X commercial airliner at the company’s huge defense business facility in St. Louis, a move that will add hundreds of jobs in several years, according to sources familiar with the decision.

The news comes days after Boeing announced plans to shift defense services and support work out of Washington state, a separate and unrelated decision that could also add hundreds of jobs to the St. Louis area, the sources said on Monday.

Oct 2, 2014

NATO general calls for ‘more bang for the buck’ from arms makers

WASHINGTON, Oct 2 (Reuters) – A top NATO general on Thursday
said the alliance needed “more bang for the buck” when it comes
to defense equipment, and urged arms makers to work on making it
easier for countries to use laser-guided missiles and other
weapons on a range of platforms.

Danish Army General Knud Bartels, chairman of NATO’s defense
committee, told U.S. defense writers that industry needed to
look beyond pure profits and find ways to help NATO buy weapons
more efficiently under the alliance’s new “smart defense”
initiative, including possible bulk buys across member states.

Oct 2, 2014

U.S. eases arms embargo against Vietnam for maritime security

WASHINGTON, Oct 2 (Reuters) – The United States on Thursday
partially lifted a long-time ban on lethal weapon sales to
Vietnam to help the country improve its maritime security, a
historic move that comes nearly 40 years after the end of the
Vietnam War.

“The State Department has taken steps to allow for the
future transfer of maritime security-related defense articles to
Vietnam,” State Department spokeswoman Jen Psaki told a
briefing.

Oct 2, 2014

U.S. Air Force seeks to apply satellite savings lessons to other programs

WASHINGTON (Reuters) – The U.S. Air Force hopes to translate its recent successes in driving down the cost of huge satellite programs to a range of other weapons, including Lockheed Martin Corp’s C-130J transport plane, a top official told Reuters.

Lieutenant General Ellen Pawlikowski, who won praise for reversing years of cost increases on big satellite programs in her previous role, hopes to apply those lessons to other programs after she took over in June as the service’s top military acquisition official.

Sep 30, 2014

U.S. Air Force to recommend plan for alternative to Russian rocket engines

WASHINGTON, Sept 30 (Reuters) – The U.S. Air Force expects
to make recommendations in early November on how to end U.S.
reliance on Russian rocket engines for launching key U.S.
military and spy satellites, a senior Air Force general told
Reuters in an interview on Tuesday.

The Air Force is evaluating a range of options ranging from
seeking a replacement engine to use of different rocket and will
develop an acquisition strategy.

Sep 30, 2014

Pentagon upbeat on U.S.-India bid to deepen defense ties

WASHINGTON (Reuters) – A top Pentagon official said on Tuesday he had “high expectations” for a joint U.S.-Indian effort to deepen defense ties, but it could take a while to reach agreement on specific weapons to develop or produce together.

“Prime Minister Modi is very aware of the initiative. His staff is clearly motivated at every level to make it a success and move forward,” Frank Kendall, the Pentagon’s chief weapons buyer, told Reuters after a meeting with Indian Prime Minister Narenda Modi and U.S. Defense Secretary Chuck Hagel.

Sep 30, 2014

Interview – Pentagon upbeat on U.S.-India bid to deepen defence ties

WASHINGTON (Reuters) – A top Pentagon official said on Tuesday he had “high expectations” for a joint U.S.-Indian effort to deepen defence ties, but it could take a while to reach agreement on specific weapons to develop or produce together.

“Prime Minister Modi is very aware of the initiative. His staff is clearly motivated at every level to make it a success and move forward,” Frank Kendall, the Pentagon’s chief weapons buyer, told Reuters after a meeting with Indian Prime Minister Narenda Modi and U.S. Defense Secretary Chuck Hagel.

Sep 30, 2014

Boeing to shift most defense work out of Washington state

WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) on Monday said it would move the majority of its defense services and support work out of Washington state to other U.S. cities, affecting the jobs of about 2,000 of its 5,200 defense employees in the Puget Sound region.

The changes, first reported by Reuters earlier Monday, are part of ongoing efforts by Boeing to streamline its defense business, and will not affect its P-8A spy plane or KC-46 aerial refueling tanker programs. Both of those programs are based on commercial jetliners made in the area.

Sep 29, 2014

Exelis says better balanced after spinoff of services business

WASHINGTON, Sept 29 (Reuters) – Exelis Inc on Monday
said the spinoff of its lower-margin government services
business into a separate company, Vectrus Inc, would
leave it with a more balanced portfolio.

Dave Melcher, chief executive of Exelis, told Reuters he
expected the company’s revenues to be at least flat in 2015
despite a projected 4 percent drop in the base U.S. defense
budget, but “a little growth” was possible.

Sep 29, 2014

Boeing to shift some defense work out of Washington state: sources

WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) plans to announce further streamlining of its defense business on Tuesday, moving significant portions of its defense operations out of Washington state, according to multiple sources familiar with the matter.

The consolidation would focus on defense support services and would not affect Boeing’s P-8A spy plane or KC-46 aerial refueling tanker programs, the sources said. Both programs are built on commercial jetliners made in the Puget Sound region of Washington state.